Read on the application
The share price of the battery manufacturing company, Eveready Industries, has risen sharply. The company’s share price is up more than 13 percent today. After which the shares of the company were Rs. touched an intra-day high of 424.50. Let’s know about this battery manufacturing company –
The company is giving 1 share bonus on 1 share, announced on record date
A continuation of the strong performance in the stock market
The share price of the company has seen an increase of more than 24 percent in the last one month. At the same time, any investor who had bought the company’s shares 6 months earlier would have made a profit of more than 35 percent. Let us tell you that, in the last one year, this stock has increased up to 18 percent for positional investors. Let us tell you that the 52-week low in the company’s stock market is Rs 273.35.
This IPO was fully subscribed as soon as it opened, leading to a sharp jump in GMP
Improved financial health
The June quarter has been excellent for the company’s financial health. The company’s net profit increased by 13.8 percent during this period. From April to June 2023, Everready Battery’s net profit was Rs. 24.90 crores. While in the same quarter a year ago, the company’s net profit was Rs. 21.90 crores. Let us tell you that the revenue of EverReady battery has also increased in the last quarter. The revenue of the company in the first quarter of the current financial year has been Rs 363.60 crore.